
4 July 2024 | 11 replies
You can get creative with recasting mortgages, refinancing, etc. but at the end of the day these things cost you money.

2 July 2024 | 1 reply
I also suspect home prices would initially rise on the first 1-1.5% of cuts, but ultimately fall once we get to the 3-4% range as large pre-pandemic supply comes back online, compounded by boomer land lords selling realizing the top of the market is in the rear view mirror (at least for them).If you eventually get squeezed on lower rents and valuations as the market normalizes, the ability to BRRR your pandemic era deals will be limited, so how do avoid trapping capital in the deals you already own from this environment?

4 July 2024 | 6 replies
We've done hundreds of flips and have always used Quickbooks Online Plus.

4 July 2024 | 3 replies
You can create separate notes for different types of tasks or routines, and it’s all stored online, so you can access it from anywhere.

3 July 2024 | 7 replies
**Flexibility for Refinancing and Selling**: Blanket mortgages can offer flexibility in refinancing or selling properties within the portfolio without affecting the entire loan.Cons of Blanket Mortgages:1.

4 July 2024 | 1 reply
I've traditionally relied on an Excel sheet, but it's not always convenient when I'm away from my computer.I recently came across an online calculator that seems to provide detailed metrics, including Cap Rate, IRR, and others.

4 July 2024 | 12 replies
How did you evaluate the returns (ARV) of an agent pulling comps or through your online resources?

4 July 2024 | 7 replies
I am currently having issues with the bank not allowing me to transfer it in to the nameof the LLC without refinancing.

3 July 2024 | 3 replies
Alternatively, look into renovation-specific loans like the Fannie Mae HomeStyle Renovation or FHA 203K loans as standalone products for rehab costs.FHA 203K LoanPros:Low Down Payment & Bundled Costs: This loan simplifies the process by combining the purchase and rehab costs into one mortgage.Cons:Interest Rate & Refinance Requirement: Higher interest rates and the need for refinancing could reduce your overall return on investment.Fannie Mae HomeStyle Renovation LoanPros:Bundled Costs: Like the FHA 203K, this loan combines purchase and renovation costs, simplifying the process.Cons:Interest Rate & Refinance Requirement: Similar to the FHA 203K loan, the need for refinancing to extract equity and convert to an investment property might add to your costs.I am a loan officer so I have some expertise in this area.

4 July 2024 | 4 replies
You can learn from books, talks, online lessons, meeting people, getting your money ready, looking into things, types of houses, help from someone who knows, and lessons from pros.